You’ll get between five and twelve hours a day of heating from your storage heaters. Electricity for your heating and hot water records on one meter and the rest on a different meter. They’re good if you use electricity to heat your home and water, and are at home most of the day. THTC meters are only used in certain parts of Scotland. Other types of Meters Total Heating, Total Control (THTC) meters If you drive an electric vehicle, and it works for you to charge it overnight, for example, Economy 7 could be ideal. Unless you regularly stay up until midnight or 1am, you’ll need to set a timer to switch them on at night, when the Economy 7 off-peak hours begin. If not, you’ll probably end up paying over the odds, because you’ll be using too much electricity during the day, at the more expensive rate. Whether you can use more than half your electricity during the night When considering whether to get a Multi-rate meter you should also think about: Think about Details on Economy 10Įconomy 10 works pretty much the same way as Economy 7 except that, you’ll get 10 hours of cheaper electricity rather than 7. With Economy 10, 3 of the cheaper hours are usually offered in the afternoon, with 7 more overnight. And that also helps you to waste less energy and cut your carbon emissions. Having a smart meter means no more meter readings or estimated bills. Smart meters help you to more easily spot patterns in your gas and electricity use, so you can find out where to make savings. It’s possible to get a smart meter for Multi-rate Meters. To see the reading for your night-time rate, press the red button. The second type of meter has a single row of numbers showing your day rate electricity usage. The top row (marked “normal”) shows your daytime rate electricity and the bottom row (marked “Low”) shows your night-time rate. Reading the meter will be slightly different for each meter depending on the kind you have. Energy used outside of these times may be more expensive than the standard rate. Storage heaters should be wired to only use the off-peak rate, and water heaters can be timed to come on overnight.Īll the electricity you use during the off-peak times is charged at cheaper rate, not just your heating and hot water bills. If you have storage heating and hot water then Economy 7 is the most appropriate choice as you can heat up on your off-peak, overnight rate giving you heating and hot water throughout the day. The difference in cost could be up to 50%, depending on your electricity supplier. With Economy 7, you’ll pay cheaper rates for 7 hours during the night. Details on Economy 7Įconomy 7 (also known as a ‘differential’ or ‘multi-rate’ tariff) is an energy plan that can help you pay less for your electricity. The digital display will alternate between two or three readings (this depends on whether you are on an Economy 7 or Economy 10 tariff). Do you already have a multi rate meter?Įven though multi-rate meters look like a standard meters, a multi-rate meter will have small grey writing above the screen to tell you if the meter is multi-rate. However, each company should assess how much energy they actually use, to determine the best meter. Larger business will benefit from multi-site meters if they have multiple different premises. If you’re using energy over the weekend, this would be the best choice for your business. Three-rate meter – this meter takes weekend usage into consideration, alongside, peak and off-peak supply, charging all three rates at different rates. Economy 7 times usually are classes between 10 pm and 8:30 am – but some suppliers time may be slightly different. Two-rate meter – this is sometimes known as an Economy 7 meter, a two-rate meter differentiates between peak and off-peak usage, charging less for off-peak times. The off-peak times will vary depending on: These have different tariffs to the standard rate, called either Economy 7 or Economy 10, both offering the opportunity to save a significant amount of money on energy bills for suitable users. Off-peak times can include night rates and weekends rates. Multi-rate meters offer cheaper kWh unit prices for “off-peak” times over the 24hour period of the day. Two separate electricity meters, or one meter with two supply points Multiple separate meters on different sites Standard meters record the gas or electricity you use on a single rateĪ meter with two rates, one for daytime and one for night timeĪ meter with three rates, one for daytime, one for night time and one for weekends Here is a breakdown of the different types of meters, what they all cost and what they all do. Most people only have one meter in their home/business so it can be very confusing to suddenly encounter new kinds of meters with multiple tariffs.
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |